Rogers Corporation (ROG)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 24,900 85,300 144,432 89,102 17,231
Revenue US$ in thousands 830,100 908,400 971,171 932,886 802,583
Operating profit margin 3.00% 9.39% 14.87% 9.55% 2.15%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $24,900K ÷ $830,100K
= 3.00%

The operating profit margin of Rogers Corporation has shown fluctuations over the past five years. Starting at 2.15% on December 31, 2020, the margin improved significantly to 14.87% by December 31, 2022. However, there was a decline in the operating profit margin to 9.39% by December 31, 2023, before dropping further to 3.00% by December 31, 2024. This indicates that the company experienced both periods of strong profitability and challenges in maintaining consistent operating margins over the years. Further analysis of the company's performance drivers and strategies may be necessary to understand the fluctuations in the operating profit margin.